SEBI Grade A Legal Officer Exam 2024: Notification, Vacancies, Dates, and Eligibility
SEBI Grade A Legal Officer Exam 2024, Notification, Vacancies
Opportunities At SEBI
SEBI, from time to time, conducts an elaborate review of the opportunities for career progression at various levels in the organization.
- Eligibility
a. Age:
Currently, the maximum age limit for a general category candidate to apply for the post of Officer in Grade ‘A’ in SEBI is 30 years. Appropriate relaxation is provided to candidates belonging to various categories as per applicable Government Rules and Regulations.
b. Educational Qualification:
Currently, the eligibility criteria for recruitment of Grade ‘A’ officers in SEBI for various streams is as follows:-
i. General Stream: Master’s Degree in in any discipline, Bachelor’s Degree in Law, Bachelor’s Degree in Engineering from a recognized university, CA / CFA / CS / ICWAii. Legal Stream: Bachelor’s Degree in Law from a recognized University / Institute.iii. Information Technology Stream: Bachelor’s Degree in Engineering (Electrical / Electronics / Electronics And Communication / Information Technology / Computer Science) OR Masters in Computers Application OR Bachelor’s Degree in any discipline with a post graduate qualification (minimum 2 years duration) in Computers / Information Technologyiv. Engineering Stream (Civil): Bachelor’s Degree in Civil Engineeringv. Engineering Stream (Electrical): Bachelor’s Degree in Electrical Engineeringvi. Official Language Stream: : Master’s Degree in Hindi with English as one of the subjects at Bachelor’s Degree level or Master’s Degree in Sanskrit / English / Economics / Commerce with Hindi as a subject at Bachelor’s Degree level.vii. Research Stream: Master’s Degree in Statistics / Economics / Commerce / Business Administration (Finance) / Econometrics
For additional information, candidates are required to visit the https://www.sebi.gov.in/legal/regulations/oct-2018/securities-and-exchange-board-of-india-employees-service-regulations-2001-last-amended-on-august-05-2020-_40570.html
- Career Progression
Officers are classified as Grade A to Grade F (i.e. A : Assistant Manager, B : Manager, C : Assistant General Manager, D : Deputy General Manager, E : General Manager, F : Chief General Manager) in SEBI. An officer in a particular Grade becomes eligible for promotion to next higher Grade on completion of minimum stipulated years of service in that Grade. Promotion up to the post of Assistant General Manager is non-vacancy based and subsequent promotions are vacancy based. Officers in Grade F can rise up to the post of Executive Director. Positions above Executive Director (i.e Whole Time Member and Chairman) are filled by the Government of India, on contractual basis. - Job Profile
As per the transfer and placement policy of SEBI, employees may be posted to different departments / offices and assigned work on areas ranging from policy formulation to intermediary registration, inspection, supervision, investigation, adjudication, etc. The job profile of an employee is also dependent upon the stream opted at the time of recruitment. - Examination Pattern
The recruitment process has three phases: first phase is a screening exam and second phase is the main exam, followed by an interview. Candidates who clear the cut-offs in Phase I appear for Phase II and candidates who clear the cut-offs in Phase II are shortlisted for the Interview. The number of candidates shortlisted for interviews is based on the available vacancies - Pay, Allowances & Other Benefits
In order to attract and retain best talent, SEBI offers an attractive remuneration package to its officers in order to retain best talent. The current pre-revised CTC offered to Grade A officers is more than 17 Lacs per annum which includes various benefits like Leave Fare Concession, Conveyance Expenses, Medical Expenses, Eye Refraction, Insurance, Medical Benefits, Financial Dailies, Book Grant, Briefcase, House Cleaning Allowance, Subsidized Lunch Facility, Staff Furnishing Scheme, Scheme for Purchasing Computers, Scheme for acquiring Professional Qualifications & Certifications, Accommodation/ Housing Allowance, Gratuity etc. - Postings
As per the transfer and placement policy of SEBI, an officer may be posted to Head Office or any of the Regional or Local Offices of SEBI, subject to administrative convenience/constraints and to ensure that competent employees are placed in key Page 4 of 7 positions to meet the organizational objectives. The tenure of service in Head Office, Mumbai is generally longer compared to that in Regional/Local Offices. Postings of the employees are done with the objective of augmenting human resources by providing wider departmental and regional/local office exposure to most of the officers so that they can gain all round experience and knowledge. The posting of an employee is also dependent upon the stream opted for at the time of recruitment. - Training & Development
In order to enhance and update the knowledge of employees to enable them to discharge their duties and responsibilities effectively for increasing the efficiently of the organization, Training and Development assumes a critical position in SEBI. For this purpose, staff members across all grades are nominated for various domestic training programs. Further, staff members are also nominated for various foreign trainings / seminars / workshops / study tours / programmes to impart a proper understanding of international best practices on various aspects of securities markets. Moreover, SEBI is also an active member of the International Organization of Securities Commissions (IOSCO) and is represented on many of its committees and sub-committees. Employees of the Board are provided with the opportunities to undertake fellowships at various institutions in order to upgrade their skills and stay abreast with the latest developments. - Deputation
While working in SEBI, you may also avail of opportunities to go on deputation to various other domestic regulatory bodies, Government departments, foreign regulatory bodies, multilateral organizations and other organizations relevant to financial market. Upon completion of the deputation, employees are required to report back to SEBI without losing their seniority.
The Preamble of the Securities and Exchange Board of India Act, 1992 prescribes the basic functions of the Securities and Exchange Board of India (SEBI) as “…to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto”.In its endeavor to discharge these functions and in its role as the regulator of Indian capital markets, SEBI exercises the powers enshrined within the SEBI Act, 1992 and performs the triple functions as a quasi-legislative, quasi-judicial and quasi-executive body. In addition, SEBI also exercises the powers conferred upon it under other Acts, such as Securities Contracts (Regulation) Act, 1956, Depositories Act, 1996 and Companies Act, 2013.While focusing on development and regulation of securities market in India, SEBI is also committed to protect the interest of investors. Along with investor awareness and financial literacy activities, SEBI actively pursues investor grievance redressal in securities market with a view to protecting investor interests and enhancing the confidence of and participation of investors. SEBI also plays a vital role in the standard setting process as well as the policy work for the global securities market, being a Member of the IOSCO Board as well as most of its Policy and Standard Setting Committees. SEBI thus offers the young and aspiring minds an interesting work domain replete with challenges.
Candidates with good analytical ability, communications skills, drafting ability, technical knowledge and right attitude to face increasingly complex sets of challenges and opportunities, who can stay competitive amid changing or uncertain conditions, who have a keen sense of learning and feel that they can contribute towards achieving the objectives of SEBI, may like to join SEBI.
Is SEBI Grade A legal officer exam conducted every year? Who is eligible for SEBI Grade A notification 2024? Is SEBI exam tough? Is SEBI a central government job?
SEBI (Securities and Exchange Board of India) conducts the Grade A legal officer exam periodically, but it may not necessarily be conducted every year. SEBI usually releases notifications for Grade A officer recruitment whenever there are vacancies or as per their recruitment schedule.
Eligibility criteria for SEBI Grade A officers typically include educational qualifications, age limits, and relevant experience. For the 2024 notification, specific eligibility criteria would be outlined in the official notification released by SEBI. You should refer to the official notification for accurate and detailed information regarding eligibility requirements.
As for the difficulty of the SEBI Grade A exam, it can vary depending on individual preparation, knowledge, and experience. However, SEBI exams are generally considered to be competitive and require thorough preparation, especially considering the technical and regulatory aspects of the securities market.
SEBI (Securities and Exchange Board of India) is the regulatory body for the securities market in India. It is established by the Government of India through an Act of Parliament. While SEBI is a government body, whether it is considered a “central government job” may depend on the specific context. SEBI jobs are often considered as public sector positions rather than central government positions, as SEBI operates independently as a regulatory authority.
Is SEBI Grade A legal officer exam conducted every year? Who is eligible for SEBI Grade A notification 2024? Is SEBI exam tough? Is SEBI a central government job?
While past exams were held yearly, the official SEBI website doesn’t mention the frequency (https://www.sebi.gov.in/sebiweb/other/careerdetail.jsp?careerId=293). It’s best to keep an eye on their site for announcements regarding the 2024 exam.
Here’s what we do know about eligibility and difficulty:
- Eligibility: You’ll typically need a Bachelor’s Degree in Law and be under 30 years old (age relaxation may apply). Check the SEBI website for the latest eligibility criteria for the 2024 notification.
- Difficulty: The exam is known to be competitive. It covers a wide range of subjects including legal knowledge, general awareness, and quantitative aptitude.
SEBI is not a central government job. SEBI is a regulatory body with a separate recruitment process.
Here are some resources to help you prepare for the SEBI Grade A Legal Officer exam (if it is announced for 2024):
Vacancies 2024
| Date | Title |
|---|---|
| Jan 19, 2024 | Recruitment for the Post of Director at National Institute of Securities Markets |
Vacancies 2023
CAT Jabalpur Advocates, CAT Lawyers Jabalpur 